NEW YORK (dpa-AFX Analyzer) – The analysis house Jefferies has lowered the price target for Prosus from 74 to 37 euros and left the rating at “Hold”. Because of the conglomerate structure of the tech holding, a discount on the intrinsic value is still appropriate, wrote analyst Sebastian Patulea in a study available on Sunday./mis
Publication of the original study: May 3, 2024 / 12:11 p.m. / ET
First distribution of the original study: May 3, 2024 / 7:00 p.m. / ET
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 Para. 1 WpHG, Art. 20 Regulation (EU) 596/2014 for the analyst firm mentioned can be found at
At the time the news was published, the Prosus Registered (N) share was trading with an increase of +1.14% and a price of EUR 33.22 on Tradegate (May 3, 2024, 10:26 p.m.).
Analyzing institute: JEFFERIES
Analyst: Sebastian Patulea
Company analyzed: Prosus
New stock rating: neutral
New price target: 37
Price target old: 74
Currency: EUR
Time frame: 12m
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